Aluminum Bahrain Transships Exports via Saudi Arabia Amid Strait of Hormuz Closure

Published: Mar 27, 2026 22:59

Save

According to a March 21 report, Ali Al Baqali, CEO of Aluminum Bahrain, said that as the traditional export route to global markets via the Strait of Hormuz was essentially closed, the company was transshipping aluminum products exports through Jeddah Port in Saudi Arabia.

Al Baqali said that although the company had declared force majeure and cut production, about 40 to 60 of its exports were currently being transshipped through Saudi Arabia, and transportation costs had not risen significantly.

Alba is the world's largest single-site aluminum smelter. Jeddah is located on Saudi Arabia's Red Sea coast, about 1,400 kilometers by land from Alba's plant.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

7 hours ago

[SMM Aluminum Flash News] Tiwai Smelter Faces Strike Risk as Talks Move to Mediation

The Rio Tinto-owned Tiwai Point aluminum smelter in New Zealand faces strike risk, with 186 workers, about 28% of the workforce, planning stoppages on May 4, 6, 8 and 10. The action follows around 2.5 years of unresolved labor negotiations over pay, benefits and working conditions. The company has proposed mediation on May 20 to reach an agreement. While management said current terms remain competitive and negotiations are ongoing, the planned industrial action could disrupt production schedules and operational stability at the smelter. If talks fail to make progress, the risk of prolonged disruptions may increase, creating uncertainty for near-term aluminum supply and adding pressure to an already tight global market environment.

7 hours ago

11 hours ago

[SMM Aluminum Flash News] Nexans Acquires Republic Wire to Strengthen North America Cable Business

Nexans has acquired 100% of US-based aluminium and copper wire producer Republic Wire, with an enterprise value of about USD 734 million and an earn-out of up to USD 46 million. Republic Wire generates around USD 5.6 billion in revenue and operates a highly automated manufacturing and distribution platform, with capacity expected to increase by about 30% after expansion. Nexans said the deal aims to expand its presence in the US low- and medium-voltage cable market and strengthen its distribution network. The transaction is expected to close in Q3 2026 and generate about USD 250 million in synergies over three years, supporting long-term growth in North America.

11 hours ago

Apr 30, 2026 23:57

【SMM Aluminum Flash News】Hydro Reports Q1 2026 EBITDA of NOK 8.668B, Down from Last Year but Profitability Strong

According to Hydro's official website, Hydro's adjusted EBITDA for the first quarter of 2026 was NOK 8.668 billion, lower than NOK 9.516 billion in the same period last year. This was mainly due to lower raw material costs, higher metal prices, and increased sales of alumina and metals, but this was partially offset by lower alumina prices, a stronger NOK, and lower electricity generation. Hydro's profitability was strong this quarter, with adjusted earnings per share increasing to NOK 2.07 in the first quarter of 2026, compared to NOK 1.63 in the first quarter of 2025. The upstream business segment continued to operate strongly in the first quarter.

Apr 30, 2026 23:57